Litecoin - Reversal Zones $$

23 May 2021

Similarly to Bitcoin, Litecoin dropped hard. We can see from that chart that once price broke the major trendline and the 100EMA, it gave us a nice retest before dropping further. We can continue to look for shorts until we create a bottom. From the bigger timeframe, the 2 main areas to look for reversal is the $95 and $67.

23 May 2021

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4H